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Capital State IPO Weekly Report: "Makeup artists create their own makeup first shares" is coming, and the Taotao car industry that intends to chinext board is suspended from consideration

author:Finance

The IPO market from October 18 to October 22 is as follows:

This week, a total of 8 IPO companies were reviewed, 1 to be listed on the Science and Technology Innovation Board, 2 to be listed on the main board of the Shanghai Stock Exchange, 4 to be listed on the ChiNext Board, 1 to be listed on the main board of the Shenzhen Stock Exchange, and the Taotao Automobile Industry, which intends to land on the ChiNext Board, has suspended its deliberations, and the rest of the companies have successfully passed the meeting.

Among them, Mao Geping, who intends to be on the main board, deserves attention, if successfully listed, it is expected to become the first share of domestic makeup artists to create their own makeup, Mao Geping is a local makeup artist, who has become an industry legend because of the makeup of film and television star Liu Xiaoqing. The company is mainly engaged in the research and development, production, sales and makeup skills training of MGPIN and Zhi'ai Lifelong two major brands of makeup and skin care products.

Taotao Automobile, the only enterprise to be chinext board that has not passed the meeting this week, is a high-tech enterprise focusing on the research and development, production and sales of automotive vehicles, electric vehicles and their accessories and supplies for outdoor leisure and entertainment and short-distance transportation.

According to the announcements released by various sectors at present, next week (October 25 to October 29), a total of 9 companies will be subject to IPO review.

01 CSI motherboard: "Makeup artists create their own makeup first shares" is coming

This week (October 18-October 22), the Issuance Review Committee is scheduled to hold the 113th Issuance Review Committee Working Meeting of 2021 on October 21, 2021 to review the main board IPOs of three companies: Mao Geping (approved), Tamus (approved), and Xinhua Group (approved).

Among them, Mao Geping Company of the National Assembly is mainly engaged in the research and development, production, sales and makeup skills training business of MGPIN and Zhi'ai Life, two major brands of makeup and skin care series products. Mao Geping is a well-known local makeup artist who has become an industry legend because of the makeup of film and television star Liu Xiaoqing.

The company's cosmetics are mainly made-up, supplemented by skin care products, including "MGPIN" and "Beloved For Life" two major brands if the company has made its debut, it will be successful, and Mao Geping shares are expected to become the first share of domestic makeup artists to create their own makeup.

As early as 2016, Mao Geping submitted a prospectus to seek an A-share IPO, but at the end of 2017, the news of the suspension of the IPO came. At that time, Mao Geping's suspension of the review status was remarked by the CSRC as "Situation 4", that is, "the company took the initiative to request the suspension of the review or other circumstances that caused the audit work to be carried out normally." ”

Prior to this meeting, Mao Geping had been in a state of "pre-disclosure update" for the past 4 years. It is worth noting that the disclosure time of Mao Geping's latest prospectus is still stuck on September 11, 2017, and the financial data after 2018 has not yet been released.

As of the date of signing of the latest prospectus, Mao Geping directly held 42.63% of the company's shares, and Wang Liqun directly held 11.08% of the company's shares; Mr. and Mrs. Mao Geping and Wang Liqun indirectly hold 1.74% of the company's shares through Dijing Investment and Jiachi Investment. Mr. and Mrs. Mao Geping and Wang Liqun hold a total of 55.45% of the company's shares, and are the controlling shareholders and actual controllers of the company.

In addition, another congressional Tamus is also worth paying attention to. The company's main business is the research and development, production and sales of knitted fabrics and knitted garments, mainly for Decathlon, Semir Apparel, Quiksilver, Kappa, Giordano, Cotton Times and other well-known clothing brands to provide OEM processing services, the main products can be divided into sportswear, casual clothing and children's clothing.

As of the date of signing of the latest prospectus, Xintai Investment directly holds 60.00% of the company's equity and is the controlling shareholder of the company. Lu Biao and Yang Min directly hold 13.50% and 13.50% of the company's equity respectively, in addition, Lu Biao and Yang Min indirectly control 60.00% of the company's voting rights through Xintai Investment, Lu Biao indirectly controls 5.00% of the company's voting rights through TEDA Investment, Yang Min indirectly controls 5.00% of the company's voting rights through Tairan Investment, and Lu Biao and Yang Min control 97.00% of the company's voting rights in total, making them the actual controllers of the company.

The prospectus shows that Thammers is more dependent on the top five customers, especially Decathlon, the first largest customer; Moreover, Decathlon is also the number one supplier to Tamus. Tamus' annual sales to Decathlon are less than 1% of Decathlon's total annual purchases, while Tammus' sales to Decathlon account for more than 50% of total revenue.

According to the deliberation arrangements for next week's meeting announced by the Issuance and Review Committee of the Csrc. Next week (October 25 to October 29) will welcome 2 companies to the meeting:

On October 28, the 116th Working Meeting of the Issuance Review Committee in 2021 will be held. Will be considered: Dream Golden Park, Dream Home 2 enterprises main board IPO applications.

02Chinext Board: Taotao Automobile Industry suspended its review this week

Up to now, the GEM is in the state of new acceptance of 17 enterprises, the status of inquiry 126 enterprises, the Listing Committee review stage 45 enterprises, the submission of registration stage 34 enterprises, in the review suspension of 163 enterprises, in the termination of the review of 117 enterprises.

This week (October 18 to October 22), the GEM added 1 new enterprise to Weishuo Henderson. In terms of the review of the Listing Committee, the GEM Listing Committee held the 62nd and 63rd Listing Committee Review Meetings.

Specifically, the 62nd meeting reviewed: Hongde shares (approved), Harbin Huatong (approved) 2 enterprises GEM IPO applications.

Review of the 63rd meeting: Junxin Environmental Protection (approved) and Taotao Automobile Industry (suspended) 2 enterprises' GEM IPO applications.

Among them, Harbin Huatong is a high-tech enterprise specializing in the research and development, production and sales of various types of fusion welding materials, a company that is fully market-oriented in the fusion welding materials industry, and the fourth batch of pilot units for the mixed ownership reform of state-owned enterprises of the National Development and Reform Commission.

Among them, steel welding consumables for hydrogen sulfide corrosion resistance, ultra-low sulfur phosphorus and high purity heat-resistant steel welding consumables, nuclear power series welding consumables, pipeline engineering special welding consumables and other series of products have realized the localization of welding materials, and some product technology levels are in the international leading and international advanced levels, filling the domestic gap.

The company has formed good cooperative relations with leading enterprises in many industrial fields, such as CRRC and Railway Research Institute in the field of rail transit, Sinopec in the field of petrochemical industry, China Coal Science and Industry Group, China Dongfang Electric Group and China Aviation Industry Group in the aerospace field, Anderson Group of China National Machinery Group and XCMG Group in the field of construction machinery.

The Machinery General Institute Group directly holds 21.17% of the company's shares, and indirectly holds 29.34% of the company's equity through the Harbin Welding Institute, totaling 50.50% of the company's equity. The Machinery General Institute Group is the actual controller of the company, and the Harbin Welding Institute is the controlling shareholder of the company. Among them, the General Institute of Machinery is a central enterprise under the State-owned Assets Supervision and Administration Commission of the State Council.

The only one that has not passed this week, the proposed GEM Taotao Automobile Industry, is a high-tech enterprise focusing on outdoor leisure and entertainment and short-distance transportation functions of automobile, electric vehicles and their accessories, supplies research and development, production and sales.

Among them, the automotive mainly includes all-terrain vehicles with 50cc~300cc displacement section and motorcycles with 50cc~250cc displacement section; Electric vehicles mainly include electric scooters, electric balance bikes, electric motorcycles, electric bicycles, etc. The main products have passed the United States EPA, CARB, CPSC and Europe e-mark, CE and other certifications.

The controlling shareholder of TaoTao Automobile Is Zhongtao Investment, which directly holds 45 million shares (accounting for 54.88%); The actual controller is Cao Matao, who directly holds 28.5 million shares (34.76%), and indirectly controls 45 million shares of the issuer (54.88%) through Zhongtao Investment, and controls a total of 73.5 million shares of the issuer (accounting for 89.63%).

From 2018 to January to June 2021, the company's operating income was 616 million yuan, 752 million yuan, 1.386 billion yuan and 926 million yuan, respectively; The corresponding net profit attributable to the mother after deducting non-deductions for the same period was 35.7544 million yuan, 62.1927 million yuan, 183.2155 million yuan and 91.2243 million yuan, respectively.

According to the announcement of the GEM Listing Committee, next week (October 25 to October 29), the GEM will welcome 3 companies to the meeting:

On October 29th, the 64th meeting, the Listing Committee will consider: Yibo Technology, Hongyu Wuzhou, Zhongyi Technology 3 enterprises GEM IPO applications.

03 Science and Technology Innovation Board: Xidi Micro passed the meeting smoothly

Up to now, the Science and Technology Innovation Board has accepted a total of 663 enterprises. Among them, 11 enterprises are in the acceptance stage, 55 enterprises are in the inquiry state, 5 enterprises are in the listing committee review stage, 33 enterprises are submitting registration stage, 49 enterprises are suspended or financial update status, and 134 enterprises are terminated from the review status.

This week (October 18 to October 22), the Science and Technology Innovation Board added 1 enterprise to accept Hengshuo shares. In terms of the review of the Listing Committee, the Listing Committee of the Science and Technology Innovation Board held the 77th Listing Committee Review Meeting.

Specifically, the 77th meeting reviewed: Xidi Micro (passed) 1 enterprise science and technology innovation board IPO application.

Xidi Micro is one of the leading semiconductor and integrated circuit design enterprises in China, the main business is the research and development, design and sales of analog integrated circuits including power management chips and signal chain chips.

The company's main products cover DC/DC chips, super fast charge chips, lithium battery fast charge chips, port protection and signal switching chips, etc., which are mainly used in mobile phones, notebook computers, wearable devices and other fields. At present, the company adopts the Fabless business model, focusing on product research and development, design and sales, and handing over the wafer manufacturing and packaging and testing links to the foundry for outsourced production.

As of the date of signing of the prospectus, there is no controlling shareholder in the company, and the largest shareholder is Dai Zuyu, with a shareholding ratio of 26.05%. Dai Zuyu, TAOHAI (Tao Hai) and Tang Ya jointly control 44.82% of the company's shares, which is the joint actual controller of the company, of which Dai Zuyu and TAOHAI (Tao Hai) are mother-son relationships. In the past two years, the actual controller of the company has not changed.

According to the announcement of the Listing Committee of the Science and Technology Innovation Board, next week (October 25 to October 29), the Science and Technology Innovation Board will welcome 4 enterprises to the meeting:

On October 28, the 78th meeting, the Listing Committee will review: Weijie Chuangxin, Yingji Core 2 enterprises sci-tech innovation board IPO applications.

On October 29, the 79th meeting, the Listing Committee will consider: Sitway, Tuojing Technology 2 enterprises sci-tech innovation board IPO applications.

This article originated from Capital State

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